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Warm Homes Plan: Loans

Asked by Josh NewburyLabourDepartment for Energy Security and Net ZeroTabled Answered 1 November 2024UIN 11071

The question

To ask the Secretary of State for Energy Security and Net Zero, whether his Department plans to introduce (a) low- and (b) no-cost finance for domestic energy efficiency measures in its Warm Homes Plan.

Answered by Miatta Fahnbulleh

The Government recognises the important role private finance can play in helping us achieve our decarbonisation ambitions.

As part of the Warm Homes Plan, officials are exploring the role of incentives and private finance to support homeowners with the upfront costs of energy efficiency improvements and low carbon heating. These are upgrades that will transform homes across the country by making them cleaner and cheaper to run.

Officials are also exploring options for working with the private sector, including banks and building societies. We will set out further detail on delivering our Warm Homes Plan in due course.

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